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8559 S Escanaba Avenue Chicago, IL 60617

View on Map
For Sale
Under Contract
$229,000

MULTI_FAMILY - Chicago, IL

Added:
Mar 17, 2026
Days on Market:
17
Last Refresh:
Apr 2 at 3:06 am

Property Features for 8559 S Escanaba Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
4
Rooms
Bedroom 3, Basement, Bedroom 7, Bedroom 6, Bedroom 4, Bathroom 4, Bedroom 9, Bedroom 10, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 2
Parking
2
Parking features
Owned, Off Street, Garage
Basement
Unfinished, Full
Standard status
Active Under Contract
APN
21314180440000

Taxes and HOA fees

TaxYear
2023
TaxAnnualAmount
2954

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas

Building Details

Year built
1913
Building materials
Brick

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Listing Contact
Dan Nelson

Listing agent Dan Nelson License #475189264

Listing office Compass 1643 N Milwaukee Ave, IL

Listing date Mar 17, 2026

MLS# 12592323

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

South Shore Four-Unit Building

This legal-brick four-unit building is located in Chicago's South Shore neighborhood. It features two three-bedroom units and two two-bedroom units, offering a versatile layout. There is potential for additional units by finishing the attic and basement. The property is situated approximately 3 miles from the upcoming Obama Presidential Center, scheduled to open in June 2026, and about 6.5 miles from the proposed Bears stadium and entertainment district. Market rents in the area are approximately $1,700 to $1,900 per month for three-bedroom units and $1,250 to $1,600 per month for two-bedroom units. CHA voucher rates are $1,630 for three-bedroom units and $1,270 for two-bedroom units. This property offers a path for growth and long-term value.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.553541
Latitude
41.739297

FAQs

What type of property is this?
Quadplex - Legal-brick four-unit building with growth potential in South Shore.
Where is this quadplex located?
The property is located at 8559 S Escanaba Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Four‑unit brick building with a versatile unit mix of two 3‑bedroom and two 2‑bedroom units.; Potential for increased income by finishing the attic and basement into additional units.; Strong rental income potential with market rents of $1,700-$1,900 for 3‑beds and $1,250-$1,600 for 2‑beds.
More about this property
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